The U.S. petrochemical industry has a crucial and enduring role to play in meeting the needs of a growing world population while simultaneously fulfilling the imperative to produce petrochemicals in a sustainable and clean manner.
There aren’t many production facilities in the country more secure than refineries. Leaders in the fuel and petrochemical industries pride themselves on workplace safety and security, which is evident based on even a cursory glance at any AFPM member’s annual security report.
WASHINGTON, D.C. – Statement by American Fuel & Petrochemical Manufacturers (AFPM) President Chet Thompson on Congress’ passage of the Frank R. Lautenberg Chemical Safety for the 21st Century Act:
SPR releases cannot be the center of this Administration’s strategy to confront inflation and high energy prices. At best, SPR releases are a short-term fix, they are not a solution. Stability and certainty is what global crude oil markets crave.
To address freight rail concerns, leaders from LyondellBasell and the Surface Transportation Board (STB) held discussions and toured LyondellBasell’s facility in Morris, Illinois. LyondellBasell’s Morris Complex is unique in that it is served by more than one major rail carrier. Nearly 80 percent of U.S. refineries and petrochemical facilities operate in regions served by just one freight rail provider.
As the Energy Information Administration pointed out in a recent update, alternative energy is growing - and wind and solar continue to lead that mix. This rising (although still tiny) growth rate is...